Dhaka, Bangladesh (BBN)- Square Pharmaceuticals Limited has approved cash dividend at the rate of 35 percent and Stock Dividend (Bonus Share) at the rate 30 percent to its shareholders for the year ended March 31 this year.
The approval came at its 44th Annual General Meeting held at its Factory Premises, Board Ghar Bazar, Kaliakoir, Gazipur on Tuesday.
The AGM was presided over by the Chairman of the company Mr. Samson H. Chowdhury. Mr. Tapan Chowdhury Managing Director; Mr. Anjan Chowdhury, Director, Dr. Kazi Harunar Rashid, Director; Mr. M. Sekander Ali, Independent Director; Mr. K. M. Saiful Islam, Director; Mr. Khandaker Habibuzzaman, Company Secretary and Mr. B K Bhattachajee, Company Auditor attended the meeting.
The gross profit, net profit (before tax) and net profit (after tax) for the year 2009-2010 were BDT 4.901 billion, BDT 2.825 billion and BDT 2.087 billion respectively.
Net sales and net profit rises to 16.72 percent and 10.47 percent respectively during the year 2009-10, the company said.
BBN/SI/AD-22Sept10-12:31 am (BST)
